Using the information provided prepare a balance sheet

Assignment Help Accounting Basics

Reference no: EM13570605

Below you will find selected information (in millions) from Coca-Cola Co.'s 2012 Annual Report:

Income Taxes Payable	$471
Short-term Investments and Marketable Securities	8,109
Cash	8,442
Other non-current Liabilities	10,449
Common Stock	1,760
Receivables	4,812
Other Current Assets	2,973
Long-term Investments	10,448
Other Non-current Assets	3,585
Property, Plant and Equipment	23,486
Trademarks	6,527
Other Intangible Assets	20,810
Allowance for Doubtful Accounts	53
Accumulated Depreciation	9,010
Accounts Payable	8,680
Short Term Notes Payable	17,874
Prepaid Expenses	2,781
Other Current Liabilities	796
Long-Term Liabilities	14,736
Paid-in-Capital in Excess of Par Value	11,379
Retained Earnings	55,038
Inventories	3,264
Treasury Stock	35,009

Other information taken from the Annual Report:

Sales Revenue for 2012	$48,017
Cost of Goods Sold for 2012	19,053
Net Income for 2012	9,019
Inventory Balance on 12/31/11	3,092
Net Accounts Receivable Balance on 12/31/11	4,920
Total Assets on 12/31/11	79,974
Equity Balance on 12/31/11	31,921

Required:
1. Using the information provided prepare a Balance Sheet. Separate the current assets from non-current assets and provide a total for each. Also separate the current liabilities from the non-current liabilities and provide a total for each.
2. Using the Balance Sheet from your answer above, calculate the Current Ratio and Return on common stockholders' equity ratio. (Make sure to show all your work).

Reference no: EM13570605

Questions Cloud

The following profit information was taken from eastside : the following profit information was taken from eastside hospitals budget data simple budget1200000 flexible

What is the difference in the effective annual rates : gomez electronics needs to arrange financing for its expansion program. bank a offers to lend gomez the required funds

The albert co is expected to grow at 6 into the indefinite : the albert co is expected to grow at 6 into the indefinite future. its latest annual dividend was 2.50. treasury bills

The company paid 378 in dividends and has net working : global ventures has a return on equity of 9.8 percent a retention ratio of 60 percent and a profit margin of 4.5

Using the information provided prepare a balance sheet : below you will find selected information in millions from coca-cola co.s 2012 annual report income taxes

Discuss the pros and cons of annuities when compared with : discuss the pros and cons of annuities when compared with other financial instruments and whether they provide a better

Daisy electronics just paid a 1000 dividend the market : daisy electronics just paid a 1000 dividend the market yield is yielding 10 the risk from rate is 4 and their beta is

Drago distribution handles the warehousing of perishable : drago distribution handles the warehousing of perishable foods and is considering replacing one of its primary cold

What was his return on the investment what is the total : calculating the rate of return on investment using financial leverage suppose does dave invested only 20000 of his own

User Account

All Pages